The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-09-17
lFcAl Advertisements.


advantage OF the CORPORATION; and for Sc
! curing the payment OF said bonds or notes,
| to mortgage and pledge its rail- Dads, Its
capital stock. its corporate franchises. and
any or all of its real or personal property,
or both.
| ARTICLElV.
| All citations shall DO served upon the
President, or in his absence, upon the Sec.
rotary, Treasurer or Go. erai Attorney of
said corporation.
ARrICLEV.
Section l. The amount OF capital stock
of said corporation shall be three millions
(S3.OOO, OO0.O0l dollars consisting of thirty
oia rse eash
Sec. .. The time and manner of paying
subscriptions for stock of this corporation
ors except that no stock or bonds shall be
I issued by the company, unless it DO for
services rendered, or for money or property
actually received, or for labor done.
Sec. 3. In case of u failure on the part of
any subscriber to pay tho whole or any
portion of his subscription at the times or
in the manner fixed by the Directors. the
such subscription, and all payments there
fore made Hereunder, shall be forfeited to
the company without any further action on
Of said subscriber to said company by rea-
son of such unpaid subscription shall, upon
such forfeiture, cease and wholly deter
| mine.
Sec. 4. Until such forfeiture, no stock
holder shall be held liable or responsible
for the contracts and faults OF the company
in any further sum than the unpaid ball
ance or balances due to the company on
shares owned by him or her.
ARTICLE vi.
| Section !. Tho corporate powers OF the
rectors' composed Of seven stockholders to
| lie elected in accordance with the bylaws
of the company; and in sucl other officers
appointed by such Board. No person shall
be u Director who is not the actual owner
OF at least ten shares OF the capital stock Of
annually, but in case any such annual
meeting is not held at the time appointed,
the Directors in office shall continue there
in until others are elected to fill their
places. Upon the death. resignation, or
other disability Of any officer, or director,
the remaining directors shall have power
Directors shall elect one of their number to
be President of said corporation, aud an
other to be Vice-President; and may elect
from themselves, or appoint from Others
outside of tho Directors, one person to be
Secretary. and another person to DO Treas.
urer of the company. Said Directors shall
have power to make and prescribe such
bylaws, and rules, and regulations for the
government of the company as they may
deem advisable; and shall have the pc wer
to alter, amend and revoke the same from
| time to time as they shall SEQ fit.
| Sec. 2. An election for Directors shall DO
by ballot and every stakeholder shall be
entitled to one vote, in person or by proxy.
at least thirty days previous to said cleo
] ton.
Sec. 3. Three Directors shall constitute
| quorum for tho transaction of business.
See. 1. The annual meeting for the cleo
ton of Directors, and tho transaction of
such business AS may be brought before
the meeting. shall be held on the first
ARTICLE VII.
| This corporation may DO dissolved at Il
general meeting OF the stockholders, con
vened Tor that purpose, with the consent OF
! three-fourths of the stock of the company,
and upon the vote of two. thirds of the stock
| represented at such meeting; and in case
| of such dissolution, tho liquidation shall DO
| conducted by three commissioners elected
by ballot at such messing; at tho ternina-
| ton of this chart or the liquidation shall he
conducted by a similar board OF three COM
mssioners to be in tho same way elected at
a general meeting of the stockholders CON
WILLIAM A. BRIGHT,
| CHAS. N. KIG HIT,
! A. w. FILES.
| II. j. II. FARR.
T.. l.. MULLIGAN,
| EUG. w. MULLIGAN.
as to witness of Elliot X: Morgan.
GEO. H. wADDELL,
|
as to witness of Jack ": Johnson:
| JAMES GOV ERSE.
GARRETT IARDCASTLE,
| A. j. HENLEY,
as to witness Of James Converse.
COUNTY, or PULASKI. DO it known
that on this 10Th May, 1887. PERSONAL came
and appeared William A. Bright. C6as n.
| hight and A. w. Files, and who in my
presence signed the foregoing Articles of
| Incorporation. In witness whereof have
| hereto SGT my hand and official seal on the
| (~- day and year above mentioned.
/ (--) Notary Public.
| STATE OF PENNSYLVANIA,
| COUNTY or LUZERO, So. Be it
known that on this Sd day of June, 1887,
personally came Elliot X. Morgan, and who
in my presence signed the foregoing Ar
ticles of incorporation. In witness where
(--) seal on the day and year above
. @ sH +. l.. MULL1GAN, Not. Pub.
STATE OF ALABAMA,
COUNTY OFJEFFERSON. Beitknown
that on this 18th day Of June, 1857, person.
presence signed tho foregoing Articles OF
incorporation. In witness whereof have
hereto set my hand and seal on
SEAL. the day and year above IN entioned
: - L: A. MAY, Notary Public.
STATE OF TENAS,
I that on this I'd day Of August, 1887, person
ally came James Converse, and who in my
| presence signed the foregoing Articles OF
. incorporation. In witness whereof have
, hereto set my hard and notariai seal on the
49, day and year above writton.
c J SEAL. GARRETT HAKDCASTLE,
$ - Notary Public, Harris Co., Texas
-